SPCX has remained incredibly strong despite significant share unlocks since IPO. At IPO, only ~4% of SpaceX shares were in circulation, with another +40% unlocking over the following 6 months (with Elon's 45% unlocking +1 year after IPO). The stock price has remained strong, now +15% over IPO price, despite the company trading at about 80x price-to-sales. @blockspace has covered the AI/datacenter side of the SpaceX story since IPO -- there's way more to this company than rockets.